Donald Trump Research Paper

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Pages: 2

Donald John Trump the American 45th current President of United States of America is an American Businessman and former Television Celebrity he was born on June 14, 1946 (Age 72) in the city of New York, United States of America. His father Fred Trump was an American real estate developer whereas; his mother Mary Anne Macleod Trump was a Scottish born American domestic worker. Trump completed his degree in economics from the Wharton School of the University of Pennsylvania. Started his career as a Television celebrity and Businessman before entering into politics. Trump become head of his family’s real estate business in 1971 and renamed it ‘’The Trump Organization’’. He took part in constructing and renovation of skyscrapers, Hotel and casino. For net worth Donald Trump net worth is $3.1billion USD. Donald trump owned the Miss Universe and Miss USA beauty pageants from the year 1996 to 2015. He was also a producer and host of the reality television game show ‘’The Apprentice’’ from the year 2003 to 2015. According to Forbes estimate Donald trump is the world’s 766th richest person with the net worth of $3.1billion USD. Trump co-authored different books which includes ‘’ the art of the Deal’’. Trump …show more content…
In 1978, Trump launched his Manhattan real estate business with the purchase of 50% stake in the Commodore Hotel. The purchase of the hotel was largely funded by a $70million construction loan. The hotel was reopened after remodeling in 1980 as the ‘’Grand Hyatt Hotel’’ located at Grand Central Terminal. By 1978 Trump started his new project of ‘’Trump Tower’’ a 58 story, 202- meters (633-foots) skyscraper in Midtown Manhattan. In 1988 Trump purchased his third casino in Atlantic city, ‘’The Taj Mahal’’ the casino was opened on April 1990 the total cost of the casino was around $1.1billion at that time the casino Taj Mahal was the most expensive and luxurious casino of all